§1433. Action on plan of conversion by converting limited partnership








1. Consent. 
Subject to section 1440, a plan of conversion must be consented to by all the partners
of a converting limited partnership.


[
2005, c. 543, Pt. C, §2 (NEW)
.]








2. Amend plan or abandon planned conversion. 
Subject to section 1440 and any contractual rights, after a conversion is approved,
and at any time before a filing is made under section 1434, a converting limited partnership
may amend the plan or abandon the planned conversion:





A. As provided in the plan; and [2005, c. 543, Pt. C, §2 (NEW).]










B. Except as prohibited by the plan, by the same consent as was required to approve
the plan. [2005, c. 543, Pt. C, §2 (NEW).]







[
2005, c. 543, Pt. C, §2 (NEW)
.]





SECTION HISTORY

2005, c. 543, §C2 (NEW).